Myntra’s M-Now Hits 10% Order Share In First Year
Myntra’s M-Now service completed its first year, generating 10 per cent of orders in active markets, drawing 35 million visitors and expanding to 80+ dark stores.
Myntra’s M-Now service completed its first year, generating 10 per cent of orders in active markets, drawing 35 million visitors and expanding to 80+ dark stores.
This expansion is backed by Myntra’s growing network of over 80 dark stores across Bengaluru, Delhi, Mumbai, Hyderabad and Kolkata
The initiative will roll out in a phased manner, with phase 1 enabling businesses to input their GSTIN on the Myntra app at checkout
The company’s operating revenue has also seen uptick of 18 per cent and increased to Rs 6,043 crore
The warehouse roles will include sorting, grading, and packing across the fulfilment centres in Bengaluru, Mumbai, Kolkata, and Delhi
Shoppers in Hyderabad can now access around 8,000 trend-first styles from over 500 brands, starting 30 minutes
The platform’s direct-to-consumer (D2C) beauty segment is experiencing a strong growth at 105 per cent year-on-year
The enquiries are based on the information that Myntra and its related companies are doing multi-brand retail trade (MBRT) in the guise of ‘wholesale cash and carry’
The reports note that the ongoing expansion is aided by a network consisting of over 40 dark stores
In an attempt to bring Indian fashion to Singapore, Myntra has introduced ‘Myntra Global’